Paylocity Long Term Debt vs Deferred Long Term Liab Analysis

PCTY Stock  USD 210.11  4.83  2.35%   
Paylocity Holdng financial indicator trend analysis is much more than just breaking down Paylocity Holdng prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paylocity Holdng is a good investment. Please check the relationship between Paylocity Holdng Long Term Debt and its Deferred Long Term Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paylocity Holdng. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Paylocity Stock please use our How to Invest in Paylocity Holdng guide.

Long Term Debt vs Deferred Long Term Liab

Long Term Debt vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paylocity Holdng Long Term Debt account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Paylocity Holdng's Long Term Debt and Deferred Long Term Liab is 0.79. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Paylocity Holdng, assuming nothing else is changed. The correlation between historical values of Paylocity Holdng's Long Term Debt and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Paylocity Holdng are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Long Term Debt i.e., Paylocity Holdng's Long Term Debt and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Paylocity Holdng has held for over one year. Long-term debt appears on Paylocity Holdng balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Paylocity Holdng balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Paylocity Holdng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paylocity Holdng current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paylocity Holdng. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Paylocity Stock please use our How to Invest in Paylocity Holdng guide.Selling General Administrative is likely to rise to about 196.8 M in 2024. Tax Provision is likely to rise to about 73.8 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit565.6M807.6M950.8M998.4M
Total Revenue852.7M1.2B1.4B1.5B

Paylocity Holdng fundamental ratios Correlations

0.530.910.910.940.79-0.09-0.750.910.960.830.720.820.890.680.740.570.920.730.910.910.910.820.960.710.26
0.530.510.510.510.79-0.33-0.240.490.360.570.250.60.370.430.510.960.310.420.540.620.540.840.490.43-0.03
0.910.511.00.760.83-0.05-0.520.710.840.610.450.60.680.690.710.570.860.661.00.731.00.830.810.70.25
0.910.511.00.760.83-0.05-0.530.710.840.610.450.60.690.690.710.570.860.661.00.731.00.830.810.70.25
0.940.510.760.760.72-0.08-0.90.990.940.950.860.940.970.660.690.570.820.70.770.960.780.770.990.70.29
0.790.790.830.830.72-0.18-0.510.650.670.70.340.730.560.740.820.860.590.690.850.780.850.910.710.740.38
-0.09-0.33-0.05-0.05-0.08-0.18-0.19-0.19-0.070.01-0.05-0.02-0.060.4-0.04-0.30.07-0.08-0.06-0.14-0.04-0.14-0.050.390.02
-0.75-0.24-0.52-0.53-0.9-0.51-0.19-0.87-0.8-0.93-0.88-0.91-0.89-0.7-0.6-0.36-0.64-0.61-0.53-0.86-0.56-0.52-0.87-0.74-0.43
0.910.490.710.710.990.65-0.19-0.870.920.920.890.910.980.550.60.540.80.640.710.940.730.730.970.590.22
0.960.360.840.840.940.67-0.07-0.80.920.820.80.790.920.630.630.420.910.620.840.890.840.690.960.660.3
0.830.570.610.610.950.70.01-0.930.920.820.861.00.90.720.690.640.660.670.630.960.650.730.920.760.34
0.720.250.450.450.860.34-0.05-0.880.890.80.860.830.90.440.430.320.640.50.450.850.460.440.840.490.18
0.820.60.60.60.940.73-0.02-0.910.910.791.00.830.870.720.70.690.610.670.620.960.640.730.90.760.37
0.890.370.680.690.970.56-0.06-0.890.980.920.90.90.870.530.560.430.820.640.690.90.70.640.970.580.23
0.680.430.690.690.660.740.4-0.70.550.630.720.440.720.530.710.540.550.550.70.690.720.670.651.00.46
0.740.510.710.710.690.82-0.04-0.60.60.630.690.430.70.560.710.610.580.950.720.750.730.660.690.710.53
0.570.960.570.570.570.86-0.3-0.360.540.420.640.320.690.430.540.610.30.50.60.690.60.840.540.550.2
0.920.310.860.860.820.590.07-0.640.80.910.660.640.610.820.550.580.30.620.850.740.850.70.880.580.02
0.730.420.660.660.70.69-0.08-0.610.640.620.670.50.670.640.550.950.50.620.670.720.670.590.710.570.4
0.910.541.01.00.770.85-0.06-0.530.710.840.630.450.620.690.70.720.60.850.670.741.00.840.810.710.26
0.910.620.730.730.960.78-0.14-0.860.940.890.960.850.960.90.690.750.690.740.720.740.750.790.940.720.34
0.910.541.01.00.780.85-0.04-0.560.730.840.650.460.640.70.720.730.60.850.671.00.750.850.820.730.27
0.820.840.830.830.770.91-0.14-0.520.730.690.730.440.730.640.670.660.840.70.590.840.790.850.770.680.02
0.960.490.810.810.990.71-0.05-0.870.970.960.920.840.90.970.650.690.540.880.710.810.940.820.770.690.26
0.710.430.70.70.70.740.39-0.740.590.660.760.490.760.581.00.710.550.580.570.710.720.730.680.690.46
0.26-0.030.250.250.290.380.02-0.430.220.30.340.180.370.230.460.530.20.020.40.260.340.270.020.260.46
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Paylocity Holdng Account Relationship Matchups

Paylocity Holdng fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.4B4.8B3.7B4.2B4.5B
Short Long Term Debt Total173.3M67.2M77.5M62.5M54.4M49.1M
Other Current Liab1.4B1.8B4.1B2.7B3.1B1.6B
Total Current Liabilities1.4B1.9B4.1B2.8B3.1B1.6B
Total Stockholder Equity392.9M476.9M613.5M842.9M1.0B1.1B
Property Plant And Equipment Net115.4M103.8M112.0M108.1M94.4M61.5M
Current Deferred Revenue8.8M9.4M13.5M24.5M25.9M15.9M
Net Debt(77.6M)(135.1M)(62.2M)(226.3M)(347.4M)(330.0M)
Retained Earnings164.3M235.1M325.9M466.7M673.5M707.1M
Accounts Payable1.8M4.2M8.4M6.2M8.6M9.1M
Cash250.9M202.3M139.8M288.8M401.8M421.9M
Non Current Assets Total322.5M382.0M577.3M647.2M3.7B3.9B
Cash And Short Term Investments285.4M206.7M139.8M288.8M401.8M421.9M
Net Receivables4.9M6.3M15.8M25.1M33.0M34.6M
Common Stock Shares Outstanding55.8M56.3M56.4M56.6M57.0M56.3M
Liabilities And Stockholders Equity2.0B2.4B4.8B3.7B4.2B4.5B
Non Current Liabilities Total183.8M70.9M75.0M78.0M95.0M47.7M
Other Current Assets80.1M1.8B4.1B2.7B3.0B3.2B
Other Stockholder Equity227.9M241.7M289.8M380.6M360.5M378.5M
Total Liab1.6B1.9B4.2B2.9B3.2B1.6B
Property Plant And Equipment Gross115.4M103.8M112.0M108.1M185.0M194.3M
Total Current Assets1.7B2.0B4.2B3.0B3.4B1.7B
Accumulated Other Comprehensive Income675K66K(2.3M)(4.5M)(936K)(982.8K)
Short Term Debt8.1M7.5M8.4M7.8M7.6M5.0M
Intangible Assets49.9M58.0M107.5M120.7M144.7M151.9M
Other Liab10.5M3.7M5.9M15.6M17.9M12.0M
Property Plant Equipment66.7M103.8M112.0M108.1M124.4M130.6M
Net Tangible Assets321.4M385.2M404.1M620.2M713.2M748.8M
Non Currrent Assets Other128.0M174.9M236.8M6.3M3.3B3.5B
Other Assets133.0M186.5M255.9M316.4M(2.9B)(2.7B)
Good Will21.7M33.7M101.9M102.1M108.9M114.4M
Retained Earnings Total Equity(6.7M)99.8M164.3M235.1M270.4M283.9M
Short Term Investments732K29.3M34.6M4.5M5.1M9.0M
Capital Surpluse219.6M208.0M227.9M241.7M278.0M212.1M
Inventory1.3B1.8B4.5M2.7B(39.8M)(37.8M)
Deferred Long Term Liab8.8M170.7M229.1M294.2M338.4M355.3M
Net Invested Capital492.9M476.9M613.5M842.9M1.0B567.5M

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